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Asset Manager ← All Institutions

TCG Crossover Management, LLC

Q3 2025 · Filed 2025-11-17
Market Value
$2.0B
+135.4%
Holdings
43
+7
New Purchases
10
Added To
7
Closed
7
Reduced
4
Top 10 Concentration
67.1%
Turnover
39.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ABVX 30.23% 5.46% +24.77% $604M
LQDA 1.95% 0.00% +1.95% $39M
LBRX 1.38% 0.00% +1.38% $28M
RVMD 1.02% 0.00% +1.02% $20M
KRRO 1.00% 0.00% +1.00% $20M
SYRE 0.92% 0.00% +0.92% $18M
URGN 0.72% 0.00% +0.72% $14M
ARVN 0.69% 0.00% +0.69% $14M
RAPT 2.11% 1.54% +0.57% $42M
RLAY 0.47% 0.00% +0.47% $9M
KOD 0.94% 0.50% +0.44% $19M
TRML 3.14% 2.79% +0.36% $63M
ADCT 0.28% 0.00% +0.28% $6M
PEPG 0.28% 0.00% +0.28% $6M
AGIO 2.87% 2.73% +0.14% $57M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CDTX 0.00% 5.78% -5.78% $0
CGON 7.40% 11.25% -3.85% $148M
TNGX 3.59% 6.48% -2.89% $72M
OCUL 3.58% 5.82% -2.24% $72M
FULC 2.42% 4.26% -1.84% $48M
UPB 1.99% 3.63% -1.63% $40M
EYPT 2.55% 3.96% -1.42% $51M
IRON 1.54% 2.90% -1.37% $31M
DYN 2.92% 4.23% -1.30% $58M
SLN 0.79% 2.07% -1.29% $16M
TYRA 2.03% 3.27% -1.24% $41M
THRD 0.00% 1.23% -1.23% $0
ELVN 0.00% 1.18% -1.18% $0
SVRA 2.21% 3.32% -1.11% $44M
GPCR 1.49% 2.60% -1.11% $30M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 1 $20M 1.0%
Mid Cap 14 $1.2B 62.5%
Small Cap 23 $684M 34.2%
Micro Cap 5 $45M 2.2%

Portfolio Analytics

Avg Market Cap
$2.7B
Median Market Cap
$1.2B
Avg P/E
240.6
Median P/E
240.6
Avg Dividend Yield
—%
Avg Beta
1.17
# Stocks
43
# ETFs / Funds
0

Top Holdings (43 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ABVX 30.23% 7,111,596 $604M $84.90 $557M +1,055,000 +17.4%
2 CGON 7.40% 3,670,206 $148M $40.28 $52M
3 COGT 4.89% 6,798,162 $98M $14.36 $48M -166,213 -2.4%
4 AMLX 4.25% 6,243,812 $85M $13.59 $47M +300,000 +5.0%
5 CNTA 3.81% 3,136,480 $76M $24.25 $38M +245,664 +8.5%
6 TNGX 3.59% 8,536,196 $72M $8.40 $17M -2,199,804 -20.5%
7 OCUL 3.58% 6,117,232 $72M $11.69 $22M +798,084 +15.0%
8 DNTH 3.30% 1,676,624 $66M $39.35 $38M +175,000 +11.7%
9 TRML 3.14% 1,311,783 $63M $47.83 $39M -165,810 -11.2%
10 DYN 2.92% 4,615,144 $58M $12.65 $23M +848,484 +22.5%
11 AGIO 2.87% 1,430,041 $57M $40.14 $34M +733,038 +105.2%
12 EYPT 2.55% 3,572,335 $51M $14.24 $17M
13 FULC 2.42% 5,250,000 $48M $9.20 $12M
14 SVRA 2.21% 12,362,205 $44M $3.57 $16M
15 RAPT 2.11% 1,636,275 $42M $25.79 $29M
16 TYRA 2.03% 2,898,103 $41M $13.99 $13M
17 UPB 1.99% 2,117,103 $40M $18.81 $9M -684,660 -24.4%
18 LQDA 1.95% 1,710,084 $39M $22.74 +1,710,084 NEW
19 IRON 1.54% 465,257 $31M $66.08 $6M
20 GPCR 1.49% 1,063,000 $30M $28.00 $8M
21 XNCR 1.44% 2,452,138 $29M $11.73 $9M
22 LBRX 1.38% 1,745,016 $28M $15.79 +1,745,016 NEW
23 RVMD 1.02% 436,473 $20M $46.70 +436,473 NEW
24 ATXS 1.01% 2,761,861 $20M $7.28 $5M
25 KRRO 1.00% 416,301 $20M $47.89 +416,301 NEW
26 KOD 0.94% 1,145,538 $19M $16.37 $14M
27 SYRE 0.92% 1,100,582 $18M $16.76 +1,100,582 NEW
28 SLN 0.79% 3,033,560 $16M $5.19 -$2M
29 URGN 0.72% 717,347 $14M $19.95 +717,347 NEW
30 ARVN 0.69% 1,617,365 $14M $8.52 +1,617,365 NEW
31 MBX 0.57% 650,000 $11M $17.50 $4M
32 RLAY 0.47% 1,810,351 $9M $5.22 +1,810,351 NEW
33 ADCT 0.28% 1,390,175 $6M $4.00 +1,390,175 NEW
34 PEPG 0.28% 1,200,000 $6M $4.62 +1,200,000 NEW
35 TRDA 0.17% 584,955 $3M $5.80 -$538K
36 VTYX 0.05% 316,195 $983K $3.11 $307K
37 CDTX —% -$49M -1,005,901 -100.0% SOLD
38 CABA —% -$132K -86,795 -100.0% SOLD
39 JBIO —% -$640K -64,023 -100.0% SOLD
40 ELVN —% -$10M -498,000 -100.0% SOLD
41 KURA —% -$4M -735,184 -100.0% SOLD
42 THRD —% -$10M -1,915,424 -100.0% SOLD
43 NKTR —% -$7M -266,666 -100.0% SOLD

New Positions

SymbolValue% Port
LQDA $39M 1.95%
LBRX $28M 1.38%
RVMD $20M 1.02%
KRRO $20M 1.00%
SYRE $18M 0.92%
URGN $14M 0.72%
ARVN $14M 0.69%
RLAY $9M 0.47%
ADCT $6M 0.28%
PEPG $6M 0.28%

Sold Out Positions

SymbolValue% Port
CABA —%
ELVN —%
JBIO —%
KURA —%
NKTR —%
THRD —%
CDTX —%
View SEC EDGAR Filings for TCG Crossover Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms